Luckin Coffee (LKNCY) Files Annual Report for FY2020
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Luckin Coffee Files Annual Report for Fiscal 2020
September 21, 2021 7:40 AM EDTBEIJING, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (in Provisional Liquidation) (Luckin Coffee or the Company) (OTC: LKNCY) today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 (the 2020 Annual Report) with the U.S. Securities and Exchange Commission (the SEC).
2020 FISCAL YEAR HIGHLIGHTS
Net revenues of RMB4,033.4 million (US$618.1 million), representing an increase of 33.3% compared to 2019, which was achieved despite the impact of COVID-19 in 2020 and primarily driven by the increased average selling price for Luckin Coffees high-quality products.Operating... More
